Dewey Paxon
Advice on a hard decision (should I sell my STR in the Dominican Republic)
9 July 2024 | 16 replies
I have a few partners, but went over budget and personally funded the remaining construction costs.
Miles Dirmann
Advice on where to start
12 July 2024 | 13 replies
It's pretty hard to invest with $8k since most lenders have a $100k minimum loan amount, meaning you will need about $35k to buy a property after the 20% down and the associated closing costs.
Kirsten Milliken
Setting up an single member LLC in Colorado
14 July 2024 | 2 replies
Be aware, though, that if your main goal with putting properties into an LLC is to silo off assets to protect yourself in case of litigation, then you need to also set up new bank accounts for each LLC and run all rents and costs through those accounts.
Antonio Bodley
What is your take on Jack boss land profit generator program?
12 July 2024 | 6 replies
Quote from @Scott Morris: It appears as if he runs one of those programs where they hook you on a low/free cost training and then hit you non-stop with "upgrades", and "higher levels of coaching".
Vincent Donato
Yes or No to ceiling fans in rentals?
14 July 2024 | 56 replies
If the fan is not properly attached to framing or a for-the-purpose brace, they certainly can vibrate and become loose enough to fall.Having the ability to move air when temps are uncomfortable provides pleasant relief, and is FAR less costly to operate than an AC, which may be an important issue for the Tenant.
Chris Mason
$3m / 60% LTV Assisted Living Facility Refi - Financing Survey/Review
15 July 2024 | 3 replies
While quick closings can be advantageous, they might come with higher costs or less favorable terms, impacting the financial health of the investment over time.
Mary Ainsworth
Mobile Home Flipping - How to analyze?
13 July 2024 | 6 replies
His rehab costs were less than what I Typically pay to paint the interior of one of my rehabs.
Jerome Thompson
Investment Property Baltimore
12 July 2024 | 7 replies
This would make lenders more comfortable lending to you, but it may be a harder sell for the family member versus just a promissory note.3.
Greg Lovern
With seller financing, full calendar month after closing before first pmt due?
14 July 2024 | 4 replies
So waiting a month to make that payment costs you between $5,500 and $9,000.
Andres Gonzalez
Wholesaling Mobile Homes
14 July 2024 | 3 replies
Either you do a double closing taking title to the home and selling to another buyer simultaneously or doing an assignment of contract where you assign your interest to another buyer for a fee.